U.S. Sen. Sherrod Brown (D-OH) today announced $4,800,000 in new federal funds for the Ohio Capital Finance Corporation (OCFC) to help finance affordable housing for low-income families across Ohio. The critical below-market-rate financing offered by OCFC as a result of this award will reduce overall development costs to help make this housing possible. OCFC will use these funds to leverage at least $10 in other investments for every $1 provided in the award
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